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Venmo for Business Reviews

User Rating

4.8/5 (Based on 4,823 Ratings)

Rating Distribution

  • Excellent

    80.9%
  • Very Good

    15%
  • Average

    2.9%
  • Poor

    0.6%
  • Terrible

    0.6%

Do You Use Venmo for Business?

Write a Review

Review Summary

Venmo for Business is generally praised for its ease of use and quick transactions, particularly for small payments. Users find it convenient for splitting bills, sending reimbursements, and accepting payments from clients who prefer a familiar platform. However, some users report challenges with larger transactions, experiencing failures and cumbersome troubleshooting processes. Venmo's fees are also a recurring point of contention, with users preferring lower fees offered by alternative platforms like Square.

Pros

  • It's userfriendly and widely accepted for both personal and business transactions.
  • Easy to set up and connect to bank accounts for quick and hasslefree payments.
  • Provides a fast and convenient way to transfer funds, comparable to PayPal.

Cons

  • Transaction limits may restrict its use for larger transactions, especially for businesses.
  • Larger transactions may fail, leading to frustrating troubleshooting with multiple parties involved.
  • Fees can add up, and customer support can be slow to respond.

AI-Generated from the text of User Reviews

Reviews
FC

Francine C

June 12, 2024 Source: G2.com
"Venmo for Business is easy to use and makes life easy if you need to send or receive payments"
What do you like best about Venmo for Business?

Easy to use. Easy to set up. Links to business account for transfers and tracking.

What do you dislike about Venmo for Business?

Wish that there was a way to print out "statements" by month for expense accounting.

What problems is Venmo for Business solving and how is that benefiting you?

When someone doesn't take a credit card, a lot of times they will have Venmo. So, makes it easy for me to track.

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AU

Anonymous User

December 15, 2023 Source: G2.com
"Smooth experience for business payments"
What do you like best about Venmo for Business?

I like its ease of use and seamless integration with personal transactions. It's convenient for small businesses.

What do you dislike about Venmo for Business?

The fees can add up, and customer support can be slow.

What problems is Venmo for Business solving and how is that benefiting you?

It's super convenient. It streamlines payments, saving me time, and the social feed gives my business extra visibility. It's a real lifesaver when I'm busy.

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AU

Anonymous User

December 14, 2023 Source: G2.com
"Great Product For Business"
What do you like best about Venmo for Business?

It's easy to transfer and track payments.

What do you dislike about Venmo for Business?

Hard to know if you are sending money to the correct vendor if not named correctly.

What problems is Venmo for Business solving and how is that benefiting you?

Easier process for payment to companies that we work with.

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CH

Charles H

December 14, 2023 Source: G2.com
"Business Venmo"
What do you like best about Venmo for Business?

The ease of use for one. Everyone loves how fast, easy, and efficient transferring money can be. It's great for personal, but even better for business. More and more companies ar wising it. Hopefully everyone will.

What do you dislike about Venmo for Business?

I dislike the fact that not everyone is already using it

For business transactions... hopefully soon

What problems is Venmo for Business solving and how is that benefiting you?

Sending and receiving funds in the fly. It's so quick and instant.

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MM

Mallory M

December 12, 2023 Source: G2.com
"Great"
What do you like best about Venmo for Business?

Accepting payments from people that do not have cash on hand

What do you dislike about Venmo for Business?

maybe the way it needs to be easier to find people

What problems is Venmo for Business solving and how is that benefiting you?

accepting payments, i am able to get them quicker

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SB

Subul B

December 12, 2023 Source: G2.com
"Excellent Application To use"
What do you like best about Venmo for Business?

the app itself easy to use

easy access

Number of features

What do you dislike about Venmo for Business?

I must say I don't have any complaints at this time

What problems is Venmo for Business solving and how is that benefiting you?

Quick easy payments for small contracted work, jobs, payout

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SA

Sabrina A

December 12, 2023 Source: G2.com
"Venmo has made it quick and easy for me to shop vendors I might otherwise have to skip."
What do you like best about Venmo for Business?

The mobile access. All sales and product data is in my hands.

What do you dislike about Venmo for Business?

Not all customers understand the ease and security features of Venmo.

What problems is Venmo for Business solving and how is that benefiting you?

Creating more ways to pay, expanding our customer base.

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AU

Anonymous User

September 20, 2023 Source: G2.com
"Venmo for Business offers another way to get paid"
What do you like best about Venmo for Business?

Venmo for Business made it easy to get paid from clients as an alternative payment source and was easy to transfer the funds to the bank account.

What do you dislike about Venmo for Business?

It is not really a dislike, but we do not have many clients that request to pay with their Venmo account to date. Maybe this will change in the future as it catches on more.

What problems is Venmo for Business solving and how is that benefiting you?

Venmor for Business provides another source to get paid by a client more quickly, which helps with productivity.

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AW

Austin W

June 6, 2023 Source: G2.com
"Very user friendly"
What do you like best about Venmo for Business?

I like that you can see report on all transactions and it's easy to use

What do you dislike about Venmo for Business?

I don't like the fees to receive funds sooner but understand why this is in place from business stand point

What problems is Venmo for Business solving and how is that benefiting you?

Making payment quick and easy between B2B or B2C

Read more
GH

Greta H

September 16, 2022 Source: G2.com
"So easy to pay for items!"
What do you like best about Venmo for Business?

It is very easy to store payment information in one area and be able to pay for items. All I have to do is remember the login information and materials can be ordered for the clinic in a snap.

What do you dislike about Venmo for Business?

If you have 2-step verification turned on, it can be difficult to login, but it is eventually accessible. The two step verification is handy to use to make sure the account is not compromised but its a safety measure.

What problems is Venmo for Business solving and how is that benefiting you?

It makes it much easier for us to make purchases for the clinic and organize receipt information. All payment information can be stored in one area and I don't have to constantly be entering credit card numbers.

Read more

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